WEX Inc. (WEX)

Over the past six months, WEX's stock price has increased by 10.69%, but has decreased by 7.92% in the past month and 20.60% over the last year. As of November 11, 2025, the share price was $147.83, an 18.49% decline from November 12, 2024. In September 2025, WEX Inc. was upgraded to "Buy" due to improved growth prospects. Recent partnerships include Trucker Path and NCR Voyix Corporation.

While specific reports on WEX's overall demand seasonality are not readily available, some of its business segments are influenced by seasonal factors. The Mobility segment experiences fluctuations related to economic activity and seasonal services. The Benefits segment may experience seasonality around enrollment periods or with employers offering summer-specific benefits.

WEX Inc. is a global financial technology service provider offering payment processing and information management solutions. Its core business operates through three segments: Mobility, Benefits, and Corporate Payments. The Mobility segment provides fleet payment solutions and information management services. The Benefits segment offers a SaaS platform for consumer-directed healthcare benefits. The Corporate Payments segment focuses on global B2B payments, enabling customers to integrate WEX's payment solutions into their workflows.

WEX operates globally with a significant presence in North America, Europe, Asia, and Australia. It provides services in the United States, the United Kingdom, Canada, Brazil, New Zealand, Australia, Italy, France, Germany, Norway, Singapore, and India, with offices in many of these locations. WEX operates in more than 10 countries and in over 20 currencies.

WEX has received positive recognition for its workplace culture, being named one of the "2024-2025 Best Companies to Work For" by U.S. News & World Report. 82% of WEX employees consider it a great place to work. WEX emphasizes its commitment to corporate sustainability and leverages AI to enhance productivity and fraud detection.

WEX Inc. has significant institutional ownership, with 809 institutional owners holding 48,013,303 shares, accounting for approximately 87.4% of the company. James Neary is the largest individual shareholder, owning 4.02 million shares, representing 11.72% of the company. Warburg Pincus LLC also holds 11.70% of shares.